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Target And Walmart Competitors In The Discount Retail Industry

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Target And Walmart Competitors In The Discount Retail Industry
Target and Walmart are competitors in the discount retail industry. These two company dominate the retail industry. Together these two businesses generate more than $550 billion in annual sales.
However, as it appears Target is the more stable company than Walmart. Walmart is going through a rough turnaround in 2017. Walmart brand image with consumers suffered because of the condition of its stores and low paying wages.
Walmart total sales declined 0.75 year over year. Walmart net income hit $17.00 billion in 2013 and the company has not been able to report annual income at this level since then. In 2014 net income for Walmart was $16.02 billion, in 2015 net income was $16.36 billion and 2016 it dropped to $14.69 billion. In the effort to
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